Major Rating Factors:
Weak overall results on stability tests (2.9 on a scale of 0 to 10) including weak risk diversification. Good overall profitability index (5.0) despite modest operating losses during the first six months of 2025. Return on equity has been low, averaging 3.9% over the past five years. Strong long-term capitalization index (7.7) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (8.2) that helps to protect the company against sharp claims increases. Excellent liquidity (8.4) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
G - Fast asset or premium growth.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (59.7%), fire (28.0%), other (12.2%)
Licensed in:
PA
Principal Investments:
Common stock (45.4%), cash (30.1%), investment grade bonds (21.8%), real estate (1.0%), other (1.7%)
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
500 East Pitt Street
Bedford, PA 15522
Bedford, PA 15522
Phone Number
(814) 623-1100
NAIC Number
17175
Website
Largest Affiliates
No affiliate information available.